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Section 207(1)

FSMA 2000

If a regulator proposes— it must give the authorised person a warning notice. to publish a statement in respect of an authorised person (under section 205(1)), ... to impose a penalty on an authorised person (under section 206(1)), or to suspend a permission of an authorised person or impose a restriction in relation to the carrying on of a regulated activity by an authorised person (under section 206A),

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Source: legislation.gov.uk · retrieved 2026-09-04